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Lohakit Metal PCL (BKK:LHK) Cyclically Adjusted FCF per Share : ฿0.72 (As of Mar. 2024)


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What is Lohakit Metal PCL Cyclically Adjusted FCF per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years.

Lohakit Metal PCL's adjusted free cash flow per share for the three months ended in Mar. 2024 was ฿0.371. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is ฿0.72 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Lohakit Metal PCL's average Cyclically Adjusted FCF Growth Rate was -100.00% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted FCF Growth Rate using Cyclically Adjusted FCF per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of Lohakit Metal PCL was 10.80% per year. The lowest was 8.20% per year. And the median was 9.50% per year.

As of today (2024-06-04), Lohakit Metal PCL's current stock price is ฿4.14. Lohakit Metal PCL's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ฿0.72. Lohakit Metal PCL's Cyclically Adjusted Price-to-FCF of today is 5.75.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Lohakit Metal PCL was 10.87. The lowest was 3.86. And the median was 6.72.


Lohakit Metal PCL Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Lohakit Metal PCL's Cyclically Adjusted FCF per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Lohakit Metal PCL Cyclically Adjusted FCF per Share Chart

Lohakit Metal PCL Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.50 0.57 0.62 0.68 0.72

Lohakit Metal PCL Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted FCF per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.68 0.67 0.69 0.69 0.72

Competitive Comparison of Lohakit Metal PCL's Cyclically Adjusted FCF per Share

For the Steel subindustry, Lohakit Metal PCL's Cyclically Adjusted Price-to-FCF, along with its competitors' market caps and Cyclically Adjusted Price-to-FCF data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Lohakit Metal PCL's Cyclically Adjusted Price-to-FCF Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Lohakit Metal PCL's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Lohakit Metal PCL's Cyclically Adjusted Price-to-FCF falls into.



Lohakit Metal PCL Cyclically Adjusted FCF per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years.

What is Cyclically Adjusted FCF per Share? How do we calculate Cyclically Adjusted FCF per Share?

Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted FCF per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the free cash flow per share from 2001 through 2010.

We adjusted the 2001 free cash flow per share data with the total inflation from 2001 through 2010 to the equivalent free cash flow in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's free cash flow is $1 a share in 2001, then the 2001's equivalent free cash flow in 2010 is $1.4 a share. If Wal-Mart's free cash flow is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 free cash flow in 2010 is $1.35. So on and so forth, you get the equivalent free cash flow per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted FCF per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, Lohakit Metal PCL's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2024 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=0.371/131.7762*131.7762
=0.371

Current CPI (Mar. 2024) = 131.7762.

Lohakit Metal PCL Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.103 100.560 0.135
201409 -0.078 100.428 -0.102
201412 -0.144 99.070 -0.192
201503 0.326 99.621 0.431
201506 0.069 100.684 0.090
201509 0.070 100.392 0.092
201512 0.266 99.792 0.351
201603 0.275 100.470 0.361
201606 0.304 101.688 0.394
201609 0.159 101.861 0.206
201612 0.387 101.863 0.501
201703 0.237 102.862 0.304
201706 -0.022 103.349 -0.028
201709 0.182 104.136 0.230
201712 0.502 104.011 0.636
201803 0.500 105.290 0.626
201806 -0.078 106.317 -0.097
201809 -0.472 106.507 -0.584
201812 0.348 105.998 0.433
201903 0.141 107.251 0.173
201906 0.088 108.070 0.107
201909 0.179 108.329 0.218
201912 0.033 108.420 0.040
202003 0.213 108.902 0.258
202006 0.158 108.767 0.191
202009 0.216 109.815 0.259
202012 0.137 109.897 0.164
202103 0.067 111.754 0.079
202106 0.190 114.631 0.218
202109 0.166 115.734 0.189
202112 -0.148 117.630 -0.166
202203 0.111 121.301 0.121
202206 -0.280 125.017 -0.295
202209 0.010 125.227 0.011
202212 0.458 125.222 0.482
202303 0.425 127.348 0.440
202306 0.090 128.729 0.092
202309 0.277 129.860 0.281
202312 0.169 129.419 0.172
202403 0.371 131.776 0.371

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.


Lohakit Metal PCL  (BKK:LHK) Cyclically Adjusted FCF per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted FCF per Share may underestimate the company's free cash flow. Cyclically Adjusted Price-to-FCF can seem to be too high even the actual Price-to-Free-Cash-Flow is low.

For the Cyclically Adjusted Price-to-FCF, the free cash flow per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/FCF calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted Price-to-FCF is also called CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted free cash flow per share of a company over the past 10 years.

Lohakit Metal PCL's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=4.14/0.72
=5.75

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Lohakit Metal PCL was 10.87. The lowest was 3.86. And the median was 6.72.


Be Aware

Cyclically Adjusted Price-to-FCF works better for cyclical companies. It gives you a better idea on the company's real free cash flow value.


Lohakit Metal PCL Cyclically Adjusted FCF per Share Related Terms

Thank you for viewing the detailed overview of Lohakit Metal PCL's Cyclically Adjusted FCF per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Lohakit Metal PCL (BKK:LHK) Business Description

Industry
Traded in Other Exchanges
N/A
Address
66/1 Moo 6 Suksawad Road, Phrapradaeng, Samutprakarn, Bangjak, THA, 10130
Lohakit Metal PCL is engaged in the processing, distribution, and shearing of stainless steel, steel, and metal products in Thailand. It offers cold and hot rolled, austenitic, ferritic, and specialized stainless-steel products; ornamental tubes, square and rectangular tubes, automotive pipe, electro-galvanized steel, and galvanized steel products. The company's operating segments include Production and Distribution; and Procurement and Distribution. The company generates the majority of its revenues from Production and Distribution.

Lohakit Metal PCL (BKK:LHK) Headlines

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